Last week was busy for tech companies in the Rocky Mountains. One company raised a whopping $150 million and others announced big expansion plans. Just in case you missed it, here’s what happened in the Colorado tech scene last week. This is the Built In Colorado Weekly Refresh.
Meati raised $150M. The plant-based meat alternative company plans to use its new funds from Revolution Growth and Cultivate Next to finish construction on its Thornton production facility and grow its national omni-channel footprint. [Built In Colorado]
OTA Insight hired new leadership. The cloud-based hospitality intelligence company appointed a new chief marketing officer (Brett Kohn), director of sales (Stephanie Matchus) and global revenue operations director (Bethany Demeter). [OTA Insight]
Colorado Tech Quote of the Week
Lightning eMotors expanded its zero-emission school bus offerings. The expansion comes two months after the Biden administration announced $5 billion in funding for bus fleet replacement. The new clean energy bus fleets will include both GM and Ford chassis platforms. [Business Wire]
Vendavo acquired Market Medium. The B2B price management company added to their team Market Medium, a cloud rebate and channel management solution provider. Together the two companies will strengthen their channel incentive management capabilities. [PR Newswire]
